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Australia’s September employment contracted by 39,300 and unemployment held at 4.7%, driving interest-rate markets to price less than one more 25bp RBA hike through mid-2027—sending AUD/NZD and AUD/USD both lower, with October 28’s quarterly CPI Read more…
Markets US September CPI came on the strong side of expectations yesterday. What spooked investors in particular was the 0.3% month-on-month increase in core inflation, which lifted the annual print to 2.6%. The 0.3% m/m Read more…
UK GDP expanded by 0.1% mom in August, beating expectations for a 0.1% contraction, although growth slowed sharply from July’s 0.4%. According to the Office for National Statistics, the expansion was driven entirely by production, Read more…